Around $78.4 million bought by Armenian banks last week

YEREVAN, January 29. /ARKA/. Armenia’s commercial banks bought around $78.4 million from the local foreign currency market on January 22 to 26 at the average weighted exchange rate of 480.31 drams per one USD, the Central Bank of Armenia reported on Monday.

It said the banks also bought 7.8 million euros and 1.2 billion Russian rubles at the average weighted exchange rates of 589.33 and 8.48 drams per one euro and one ruble respectively.

The banks also sold about $91 million, € 14.1 million and 466 million rubles at average weighted exchange rates of 481.65, 593 and 8.58 drams respectively.

No dollar exchange transactions have been effected at NASDAQ OMX Armenia stock exchange over the mentioned period.

In addition, from January 15 to 21, the banks have provided $79.6 billion drams worth loans in the national currency and $56.1 million worth loans in USD. ($ 1- AMD 480.6 drams). –0—-

spot_img

POPULAR

Euro continued to decline against the Armenian dram, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 30, 2026, rose by 0.36 points compared to March 27, to 377.54 drams.

Martin Galstyan discussed Armenia’s implementation of the Fund’s structural benchmarks with the IMF mission

Central Bank of Armenia Governor Martin Galstyan held a final meeting with Alexander Timan, head of the IMF mission to Armenia, the regulator's press service reported.

Unibank joins the Partnership for Carbon Accounting Financials (PCAF)

Unibank has joined the Partnership for Carbon Accounting Financials (PCAF), reinforcing its commitment to integrating climate considerations into its financial activities and improving transparency around emissions.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

LATEST NEWS

spot_imgspot_imgspot_img